In this episode, we sit down with Nabin Banskota, a visionary entrepreneur whose journey started in Nepal and led him to create innovative ventures in payroll, finance, and AI-driven solutions. From his early influences and transition to the U.S. to navigating Wall Street during the financial crisis, Nabin shares how each experience shaped his approach to business.
Nabin unpacks the challenges of transitioning to B2B sales, leveraging AI for efficiency, and solving key problems in the payroll space. He also emphasizes the importance of company culture, accountability, and long-term vision, highlighting how entrepreneurs can balance personal and professional responsibilities while staying focused on value creation.
If you’re looking for insights on scaling a company, overcoming industry challenges, and maintaining a strong entrepreneurial mindset, this conversation is for you. Tune in to hear Nabin’s story and the lessons he’s learned along the way!
Key Topics:
Quote From The Episode:
"I always wanted to build something, do something, a little bit more entrepreneurial."
- Nabin Banskota
Timestamp:
[01:19] Nabin Banskota shared their journey of moving to the U.S. with an entrepreneurial dream, overcoming immigration challenges, and using their finance expertise to build multiple businesses.
[10:46] They reflected on adapting to a new culture and rising in the finance industry before co-founding a tea company that uplifted livelihoods in Nepal and promoted sustainability.
[20:17] Nabin discussed differentiating their tea brand through quality and ethics before launching a fintech startup that used AI to automate banking fee negotiations.
[30:29] They shared how their fintech startup scaled rapidly using AI, leading to its acquisition by Acorns, a move that aligned strategically despite independent growth potential.
[40:38] Entering B2B sales, Nabin learned to navigate long deal cycles and complex negotiations.
[50:49] Identifying a gap in payroll and payments, they secured funding and built a scalable, infrastructure-first platform with a global team.
[1:02:00] Nabin shared how they drove early sales, formed key partnerships, and expanded a global team while overcoming hiring challenges.
[1:11:11] Reflecting on their journey, they emphasized problem-solving, consistency, leadership, and maintaining company culture to avoid burnout while scaling sustainably.
[1:21:35] Outro
Connect with Nabin Banskota:
LinkedIn - linkedin.com/in/nabinbanskota
Website - niural.com
Connect to Entrepreneurial-Excellence:
LinkedIn - https://www.linkedin.com/company/entrepreneurial-excellence-podcast
Youtube - http://www.youtube.com/@EntrepreneurialExcellencePod
TikTok - https://www.tiktok.com/@eepodcast24
Facebook - https://www.facebook.com/profile.php?id=61570329516959
Website - https://www.levy.company/entrepreneurial-excellence
